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1 – 10 of over 103000Mohamed Abdel Aziz Hegazy and Samar Salama
The purpose of this paper is to investigate the effect of qualitative materiality factors on auditors’ assessment of materiality and the determination of the type of the auditors’…
Abstract
Purpose
The purpose of this paper is to investigate the effect of qualitative materiality factors on auditors’ assessment of materiality and the determination of the type of the auditors’ reports. This paper also analyzes whether differences in personal characteristics of auditors can influence their use of qualitative materiality factors in assessing material misstatements.
Design/methodology/approach
A questionnaire and experimental case studies were undertaken to determine whether differences in personal characteristics of auditors can influence their degree of reliance on qualitative factors in assessing the materiality of detected misstatements. Descriptive and statistical tests were used to analyze the data collected.
Findings
The results of this paper show that qualitative materiality factors strongly influence the auditor’s materiality judgments. However, no significant differences were found regarding the effects of auditors’ personal characteristics on the degree to which they rely on the qualitative factors in their materiality judgments. Also, in certain situations, auditors considered factors other than the income for assessing certain misstatements as material and consequently modified their audit reports.
Originality/value
This paper examines the influence of qualitative factors on auditors’ materiality judgments and develops a list of qualitative factors to be considered by auditors when assessing materiality. It also concludes that the nature of misstatement is the least important qualitative factor considered by auditors when assessing materiality of detected misstatements and that the existence of more explicit or standardized qualitative materiality guidelines would lead to a more uniform judgment among auditors.
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Emad Mohamed, Parinaz Jafari and Ahmed Hammad
The bid/no-bid decision is critical to the success of construction contractors. The factors affecting the bid/no-bid decision are either qualitative or quantitative. Previous…
Abstract
Purpose
The bid/no-bid decision is critical to the success of construction contractors. The factors affecting the bid/no-bid decision are either qualitative or quantitative. Previous studies on modeling the bidding decision have not extensively focused on distinguishing qualitative and quantitative factors. Thus, the purpose of this paper is to improve the bidding decision in construction projects by developing tools that consider both qualitative and quantitative factors affecting the bidding decision.
Design/methodology/approach
This study proposes a mixed qualitative-quantitative approach to deal with both qualitative and quantitative factors. The mixed qualitative-quantitative approach is developed by combining a rule-based expert system and fuzzy-based expert system. The rule-based expert system is used to evaluate the project based on qualitative factors and the fuzzy expert system is used to evaluate the project based on the quantitative factors in order to reach the comprehensive bid/no-bid decision.
Findings
Three real bidding projects are used to investigate the applicability and functionality of the proposed mixed approach and are tested with experts of a construction company in Alberta, Canada. The results demonstrate that the mixed approach provides a more reliable, accurate and practical tool that can assist decision-makers involved in the bid/no-bid decision.
Originality/value
This study contributes theoretically to the body of knowledge by (1) proposing a novel approach capable of modeling all types of factors (either qualitative or quantitative) affecting the bidding decision, and (2) providing means to acquire, store and reuse expert knowledge. Practical contribution of this paper is to provide decision-makers with a comprehensive model that mimics the decision-making process and stores experts' knowledge in the form of rules. Therefore, the model reduces the administrative burden on the decision-makers, saves time and effort and reduces bias and human errors during the bidding process.
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The objective of this study is to investigate how country risk, different political actions from the government and bureaucratic behavior influence the activities in industry…
Abstract
The objective of this study is to investigate how country risk, different political actions from the government and bureaucratic behavior influence the activities in industry supply chains (SCs) in emerging markets. The main objective of this study is to investigate the influence of these external stakeholders’ elements to the demand-side and supply-side drivers and barriers for improving competitiveness of Ready-Made Garment (RMG) industry in the way of analyzing supply chain. Considering the phenomenon of recent change in the RMG business environment and the competitiveness issues this study uses the principles of stakeholder and resource dependence theory and aims to find out some factors which influence to make an efficient supply chain for improving competitiveness. The RMG industry of Bangladesh is the case application of this study. Following a positivist paradigm, this study adopts a two phase sequential mixed-method research design consisting of qualitative and quantitative approaches. A tentative research model is developed first based on extensive literature review. Qualitative field study is then carried out to fine tune the initial research model. Findings from the qualitative method are also used to develop measures and instruments for the next phase of quantitative method. A survey is carried out with sample of top and middle level executives of different garment companies of Dhaka city in Bangladesh and the collected quantitative data are analyzed by partial least square-based structural equation modeling. The findings support eight hypotheses. From the analysis the external stakeholders’ elements like bureaucratic behavior and country risk have significant influence to the barriers. From the internal stakeholders’ point of view the manufacturers’ and buyers’ drivers have significant influence on the competitiveness. Therefore, stakeholders need to take proper action to reduce the barriers and increase the drivers, as the drivers have positive influence to improve competitiveness.
This study has both theoretical and practical contributions. This study represents an important contribution to the theory by integrating two theoretical perceptions to identify factors of the RMG industry’s SC that affect the competitiveness of the RMG industry. This research study contributes to the understanding of both external and internal stakeholders of national and international perspectives in the RMG (textile and clothing) business. It combines the insights of stakeholder and resource dependence theories along with the concept of the SC in improving effectiveness. In a practical sense, this study certainly contributes to the Bangladeshi RMG industry. In accordance with the desire of the RMG manufacturers, the research has shown that some influential constructs of the RMG industry’s SC affect the competitiveness of the RMG industry. The outcome of the study is useful for various stakeholders of the Bangladeshi RMG industry sector ranging from the government to various private organizations. The applications of this study are extendable through further adaptation in other industries and various geographic contexts.
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Seshadev Sahoo and Rishita Raj
The academic research into underpricing of initial public offerings (IPOs) offers many explanations, i.e. signalling, financial and market hypothesis. However, another set of…
Abstract
Purpose
The academic research into underpricing of initial public offerings (IPOs) offers many explanations, i.e. signalling, financial and market hypothesis. However, another set of information, namely, “Qualitative Factors” (along with financial and others), are largely reported by the issuing firms in the prospectus. However, to the best of the authors’ knowledge no such systematic study has been carried out on how firms’ qualitative factors impact the IPO valuation. This paper aims to addresses this gap.
Design/methodology/approach
Using a sample of 82 IPOs issued from 2014 to 2020, we investigate the issuing firm’s pattern of reporting qualitative factors. These qualitative factors are subjected to factor analysis. The authors classify all reported factors across firms into a few categories using principal component analysis. The authors also investigate the impact of these factors on IPO underpricing using OLS regression.
Findings
The authors find that the qualitative information relating to market leadership, established brand image and modern scalable information technology infrastructure significantly influences underpricing. The authors also document that market leadership and brand image are the influential reported quality factors that reduce underpricing. Moreover, location advantage, good customer relationship, established relationship with a client, track record of growth and profitability, experienced promoter and management team failed to influence underpricing.
Originality/value
The outcome of this piece of research offers additional signalling as an attestation of quality for the issue. The authors further argue that the amount of qualitative information disclosed by the managers in the prospectus to support the pricing should not be ignored.
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The aim of this study was to evaluate the role of qualitative demand factors in companies' pricing decisions.
Abstract
Purpose
The aim of this study was to evaluate the role of qualitative demand factors in companies' pricing decisions.
Design/methodology/approach
An empirical study was carried out, interviewing price managers in a selection of 74 companies from Andalusia (Spain).
Findings
It has been observed that qualitative aspects play a secondary role in pricing decisions. There are two main reasons: quantitative information is easier to obtain, use and interpret than qualitative information; and most companies, and in particular smaller ones, have no budget available for qualitative market studies.
Research limitations/implications
The empirical research is based on a sample of companies in the food sector. This opens several lines of future research: to diversify the areas of activity participating in the study; to include other company characteristics in the analysis; and to design operative methods for incorporating qualitative demand factors into pricing decisions.
Originality/value
The relevance of this study lies in the strong influence that can be exerted over consumers' purchasing decisions by qualitative aspects of demand.
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Hassan Adaviriku Ahmadu, Yahaya Makarfi Ibrahim, Ahmed Doko Ibrahim and Muhammed Abdullahi
– This paper aims to develop a multivariate model that will be applicable to the Nigeria construction industry.
Abstract
Purpose
This paper aims to develop a multivariate model that will be applicable to the Nigeria construction industry.
Design/methodology/approach
A self-administered questionnaire survey was used to source information on project scope factors and qualitative factors considered in the study. Principal component regression was used for data analysis and model development, using SPSS 16.0 for windows, while T-test was used for model testing and validation.
Findings
The study found that delay in progress payment by owner, lateness in revising and approving design document by owner, delay in delivering the site to the contractor by the owner, change order by owner during construction, complexity of project design, poor site management and supervision by contractors, and rain effect on construction activities are qualitative/non-project scope factors with good predictive abilities.
Research limitations/implications
Cost, gross floor area and number of floors were the only quantitative/project scope factors considered in the study. The developed models therefore do not account for any variation in duration which may arise from other project scope factors, such as location, procurement route and type of contract.
Originality/value
The qualitative factors which emerged as predictors in the derived models increased the accuracy of the models. The models developed therefore serve as useful construction time prediction tools for both consultancy firms and contractor organizations in the Nigerian construction industry.
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Fatma Pakdil, Pelin Toktaş and Karen Moustafa Leonard
The purpose of this paper is to test the reliability and validity of the qualitative section of Lean Assessment Tool (LAT) starting from the point where a reliable and valid tool…
Abstract
Purpose
The purpose of this paper is to test the reliability and validity of the qualitative section of Lean Assessment Tool (LAT) starting from the point where a reliable and valid tool is needed to measure increasing leanness level of business organizations.
Design/methodology/approach
The questionnaire used in this study included the qualitative component of LAT developed by Pakdil and Leonard (2014). The unit of the study was individual employees who work in manufacturing firms participating in this study. This study focused on the data collected from three firms that operate in Turkey and two firms that operate in the USA. The total respondents from Turkish firms were 263 employees, while the 205 employees responded from US firms.
Findings
Exploratory factor analysis and confirmatory factor analysis were completed to determine valid and reliable factors that compose LAT’s qualitative component. The statistical analysis showed five distinct factors, namely process, delivery, quality, customer satisfaction and human resource. In addition, the fuzzy logic showed appropriate loadings to make the argument for its use in analysis of the LAT.
Research limitations/implications
This study moves the debate about the success or failure of lean efforts forward. With the debates about lean and its potential, it is necessary to have a scientific determination of success and the areas where further work in the firm is needed. Such measurement is the backbone of management progress, and the authors believe that this paper is useful. Second, the necessity of reliable and valid tools of lean assessment is obvious in the literature and practice. The findings of this study help academicians find reliable and valid tools to measure lean success both in the literature and practice.
Practical implications
Managerial implications include the development of a way to assess the areas of success and areas requiring further work. Failure to measure success and needs for further work has been the reason for the questionable results found in investigating lean implementation efforts. If there is no way to determine what is needed to improve lean efforts, they will be seen as failure, even if part of the implementation has been successful. This tool has been found to be potentially useful for evaluation of these crucial and time-consuming efforts.
Originality/value
In this study, the qualitative section of LAT has been validated. The results demonstrated that, based on two countries’ data sets, the scale was found to be reliable and valid within itself and across sociocultural boundaries.
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Nedra Ibrahim, Anja Habacha Chaibi and Mohamed Ben Ahmed
– This paper aims to propose a new qualitative indicator for the evaluation of the productions of researchers in any discipline.
Abstract
Purpose
This paper aims to propose a new qualitative indicator for the evaluation of the productions of researchers in any discipline.
Design/methodology/approach
Based on the study of existing quantitative indicators, the authors’ approach consisted of the hybridization of two indicators. This hybridization is based on the individual H_index (Hi_index) and H_index contemporary (Hc_index) weighted by qualitative factors. The initial sources of the data are online bibliographic databases, such as Google Scholar and Publish or Perish.
Findings
A new scientometric indicator was used to compare the scientific production quality of researchers and their classification (as part of a research community) as the classification of national and international research institutions. The authors have applied a new indicator to compare and classify the members of their laboratory, RIADI, according to their quality of scientific production.
Practical implications
The indicator is an improvement of the H_index. It is a measure that can have an impact on society (influencing research attitudes, affecting quality of research). By this contribution, the authors measure more than one aspect by involving all the external factors that can affect the quality of research.
Originality/value
This paper fulfils a gap in the literature concerning the absence of a qualitative indicator among the set of existing quantitative measures. Additionally, this paper addresses the limitations of the existing qualitative practices, such as peer review and citation analysis. In the new qualitative indicator, the authors involve all of these qualitative aspects: the influence of the age of the paper, the number of co-authors, the order of the co-authors, the impact factor of journals and the conference rankings.
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This paper aims to deal with a real-life strategic conflict in joint operations (JOs) for facility location decision and planning in an oil and gas field that stretches over two…
Abstract
Purpose
This paper aims to deal with a real-life strategic conflict in joint operations (JOs) for facility location decision and planning in an oil and gas field that stretches over two countries and tries to develop a basis for mitigating such conflict.
Design/methodology/approach
This paper develops a novel approach using integer linear programming (ILP) to determine optimal facility location considering technical, economic and environmental factors. Strategic decision-making in JOs is also influenced by business priorities of individual partner, sociopolitical issues and other covert factors. The cost-related quantitative factors are normalized using inverse normalization function as these are to be minimized, and qualitative factors that are multi-decision-making criteria are maximized, thus transforming both qualitative and quantitative factors as a single objective of maximization in ILP model.
Findings
The model identifies the most suitable facility location based on a wide range of factors that would provide maximum benefit in the long term, which will help decision-makers and managers.
Research limitations/implications
The model can be expanded incorporating other quantitative and qualitative factors such as tax incentives by the government, local bodies and government regulations.
Practical implications
The applicability of the model is not limited to JOs or oil/gas field, but is applicable to a wide range of sectors.
Originality/value
The model is transparent and based on rational and scientific basis, which would help in building consensus among the dissenting parties and aid in mitigating strategic conflict. Such type of model for mitigating strategic conflict has not been reported/used before.
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The purpose of this paper is to identify “qualitative” factors influencing voluntary information disclosure in annual reports.
Abstract
Purpose
The purpose of this paper is to identify “qualitative” factors influencing voluntary information disclosure in annual reports.
Design/methodology/approach
Semi‐structured interviews were held with twenty‐seven market participants in Malaysia to elicit opinions on issues related to voluntary information disclosure.
Findings
Analysis of interview responses revealed that factors influencing voluntary disclosure in annual reports include the quality of management, gaining analyst trust and promoting company shares, good news versus bad news, the existence of other channel of communication, governance structure and market forces.
Research limitations/implications
Some of the “qualitative” factors identified do not appear to be totally independent from one another. Further work using factor analysis can be an avenue for future research on accounting disclosure.
Practical implications
The results also suggest that some companies may be willing to share information to selected interested parties such as analysts during private meetings rather than in a public document such as the annual report. Thus disclosure in a corporate annual report should not be taken as a conclusive measure of a company's extent of voluntary reporting.
Originality/value
This paper is one of few studies which adopts an interview approach to identify “qualitative” factors influencing voluntary information disclosure in annual reports.
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